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Supreme skateboard collection auctioned for $800,000

January 28, 2019

A collection of all 248 skateboards produced by streetwear brand Supreme has been sold for a record $800,000 at a Sotheby's online auction. AFPSupreme, founded by British designer James Jebbia and established in 1994 in New York's Soho neighborhood, gained a special status among skateboarding connoisseurs with its streetwear-inspired clothing.

Starting in 1998, it also began offering quality, limited-series boards designed by big-name artists like Jeff Koons, Damien Hirst and Richard Prince.

The collection, sold in a two-week online auction that ended Friday, included Louis Vuitton-monogrammed decks, a series of Last Supper decks and a tribute to Nike Air Jordan sneakers.

Also in the collection was a custom-made Louis Vuitton trunk worth several thousand dollars.

The entire Supreme production was brought together by Los Angeles collector Ryan Fuller, who began his yearslong quest in 2005.

"I tried to hold off on buying decks for as long as possible because I knew once I started I'd have to have them all," Fuller said in a video released by Sotheby's.

While the collection was sold on the lower end of its estimated value -- up to $1.2 million, according to Sotheby's -- it is by far a record for skateboard sales.

In 2012, a board owned by skater Jamie Thomas was purchased for $38,425 at a charity auction organized by the Tony Hawk Foundation.

And in June 2018, at a sale organized in Hong Kong by Sotheby's, a series of eight custom boards designed by American artist Kaws was auctioned for $55,700.

"We've seen an increase in value of skateboards over the last five years and it's a category we're really interested in doing more," said Sotheby's global head of e-commerce Noah Wunsch.

"It's considered art. People like living with these boards," he told AFP.

Ebay has launched its All-Star Weekend Drop activation, where a flurry of exclusive deals will be topped off by a series of 23 limited-time drops, all centered around the NBA All-Star Game in Charlotte, North Carolina.

The South Korean electronics company has announced that it is canceling its partnership in China with Supreme Italia, a brand based in Barletta, Italy which trades off its likeness to cult NYC streetwear label Supreme.